Chapter 7 bankruptcy, Construction and Judgment

Debtors Must Have Intent to Return When Claiming Homestead Exemption Over Vacated Property

ABI

FEBRUARY 26, 2025

3] While their new home was under construction, their oft-troubled relationship began to deteriorate, and McKee ended the relationship in 2016 after just one year of living in the Palm Springs home. [4] 7] After she moved out, McKee rented a condominium and changed her address on her drivers license and voter registration. [8]

Debtor

Debtor Bankruptcy Chapter 7 bankruptcy Judgment

Circumventing the Subjective: Why Courts have held that the Objective Establishment of a Ponzi Scheme is Sufficient to Establish Mens Rea

ABI

FEBRUARY 26, 2025

7] To achieve this type of financial fraud, the Pressmans consistently shift[ed] money from lenders to pay other lenders[,] in what is commonly known as a Ponzi scheme. [8] 14] In a six-day trial against Kirkland in the District Court for the Central District of California, the jury entered a judgment in Kirklands favor. [15]

Chapter 7 bankruptcy

Chapter 7 bankruptcy Bankruptcy Lender Creditors

Creditor Collections Today

Debtors Must Have Intent to Return When Claiming Homestead Exemption Over Vacated Property

Circumventing the Subjective: Why Courts have held that the Objective Establishment of a Ponzi Scheme is Sufficient to Establish Mens Rea

Webinars

Stay Connected